Taxes generate the funds necessary to pay for services such as repairing roads and maintaining a military. You can lower your tax liabilities by claiming deductions, exemptions, and tax credits.

Treasury has proposed introducing a new SEP tax but at a higher rate of six percent, four times the 1.5 percent digital tax ...

The Treasury has proposed several tax changes in the Tax Laws Amendment Bill and the Business Laws Amendment Bill following ...

Rachel Reeves’s manifesto promise was to not raise the three main personal taxes (income tax, national insurance and VAT), ...

Explanation: All business enterprises have been made to make payments their MSME suppliers strictly in accordance with the payment schedule. Payments made beyond the due date attract disallowance of ...

Your employer may offer a health care or dependent care flexible spending account during open enrollment. Consider these ...

The downside is that ordinary income tax must be paid on the cost basis of the shares of employer stock. Typically, distributions from tax-deferred retirement accounts are treated as ordinary ...

Decisions, Decisions - The owners of a closely held U.S. business will have to make many difficult decisions during the life of the ...

In its ruling, pronounced on November 4, the AAR held that the applicant satisfies the definition of an e-commerce operator .

Ways and Means Committee also votes to allow parishes to eliminate business inventory tax, double deduction for seniors and exempt prescriptions.

ITAT Ahmedabad partially upholds CIT(A)'s decision on TCS collection under Section 206C. Analysis focuses on Form 27C delays, procedural compliance, and tax ...

The stance will fuel fears that London could be heavily impacted by the Budget due to be delivered by Chancellor Rachel Reeves on October 30 ...